APEUSDT 4H Direction
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Personally I do not hold any APE .
On the 4H time frame APE lost support around the $12.3 level .
I would be looking for a potential bounce around the $10 - $11 support zone .
But just keep in mind that this coin has been pumping hard the past couple of weeks so I am expecting some downside .
Moreover on the Daily time frame is important to consider the $9.5 support level .
If we lose this level a free fall would come until the price will meet with the demand level investors are willing to buy , as this is a new coin and we did not set any support levels below $9.5 watch out and be patient .
Additionally , I would be waiting until things clear out and we have a clearer picture of what will follows and which levels will hold .
Patience is the key here .
On the 4H time frame APE lost support around the $12.3 level .
I would be looking for a potential bounce around the $10 - $11 support zone .
But just keep in mind that this coin has been pumping hard the past couple of weeks so I am expecting some downside .
Moreover on the Daily time frame is important to consider the $9.5 support level .
If we lose this level a free fall would come until the price will meet with the demand level investors are willing to buy , as this is a new coin and we did not set any support levels below $9.5 watch out and be patient .
Additionally , I would be waiting until things clear out and we have a clearer picture of what will follows and which levels will hold .
Patience is the key here .
Komen
Currently we are bouncing around $10.50 and we have tested $12 resistance and got rejected . I believe we could be ranging between $10 - $12 , but in the end it will take make a decisive move either breaking to the upside or downside . I will update once we have a decisive move . You can still trade the range with tight stop loss as you don't know when this move will happen .
Penafian
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